Replies to post #27273 on Plasticon International, Inc. (fka PLNIQ)

[rrm_bcnu]

sekrah

"PLNI is incapable of tendering or buying back shares on the open market with their current financial situation."

1) Please cite PLNI's "current financial situation" and how you got such information before any of us shareholders?

...an EXCHANGE for preferred shares is not a buy back!

1) You profess here to know the details of the buyback program, yet none of us has seen the tender offer. That is insider information. Where and how did you get that?

2) If you are just assuming the details, what if the company offers a cash out option at the reset date of the offer? Would you consider a cash out a valid tender offer for shares?

3) Why do you imply that investopedia's description of a buyback tender is wrong?

4) Why is PLNI incapable of making a tender offer for common shares with a reset date of 1 or 2 years?

Generic Questions

1) What has first liquidation rights in the event of a company going out of business.... common stock or preferred stock?

2) Of the two above, which has lower risk to the shareholder in the event of financial difficulty... common stock or preferred stock.

If you cannot answer the above questions, I suspect you have very little real credibility to be making rash statements here on this board.

[Mastervest]

And you know this how??? Just love it when a total idiot starts stating as fact that a company doesn't have the capability of buying back.